Asbestos Exposure in Housing Reduction Act of 2025

This bill aims to protect people living in older homes by making asbestos risks clear during home sales and rentals. It tells federal housing and environmental agencies to set rules that require sellers and landlords to share any known asbestos problems and any inspection reports they have, before a buyer or renter signs a contract. Home buyers get 10 days to do their own asbestos check, unless both sides agree to a different timeframe. Contracts must include a clear “Asbestos Warning Statement,” and buyers or renters must sign to show they understand it. Real estate agents must help make sure these steps happen. These rules apply to homes built before 2019. The rules take effect two years after the law is enacted.

If someone knowingly breaks the rules, they can face civil fines, be taken to court to stop the violation, and be held liable for triple the damages plus court and attorney fees. There’s also a separate federal penalty of up to $10,000 per violation. The law does not cancel sales, leases, or mortgages if these disclosures are missed.

Key points

• Who is affected: Home buyers, renters, sellers, landlords, and real estate agents for homes built before 2019.
• What changes: Mandatory asbestos disclosure and a signed warning; buyers get a 10‑day window to inspect; agents must ensure compliance; strong penalties for violations.
• When: Agencies must issue the rules within two years, and the rules take effect two years after the law is enacted.